Step-by-step Instant Solution
The personnel department of a large corporation wants to estimate the family dental expenses of its employees to determine the feasibility of providing a dental insurance plan. A random sample of 12 employees reveals the following family dental expenses (in dollars): 115, 370, 250, 593, 540, 225, 177, 425, 318, 182, 275, and 228.
Construct a 99% confidence interval estimate for the standard deviation of family dental expenses for all employees of this corporation.
what is the LOWER limit, in dollars rounded to 1 decimal place? ?
what is the?UPPER limit, in dollars rounded to 1 decimal place??
Population Standard deviation
Variance(Population Standard deviation)...
Paper#9257378 | Written in 27-Jul-2016Price : $17.85